Mexico 1895-Go R 20 pesos

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Heritage sale 3020, lot 24437
photo courtesy Heritage Auction Galleries

This specimen was of lot 24437 in Heritage sale 3020 (Long Beach, September 2012), where it sold for $10,575. The catalog description[1] noted, "Republic gold 20 Pesos 1895/3 Go-R, AU58 NGC. Sharply struck with considerable remaining luster. An extremely rare issue. The first example we have offered, and only the second example we can find on record as being offered at auction." This specimen is one of a series struck at the Guanajuato mint 1870-1900. Although production was substantial, many dates are rare. Mintage figures are not a reliable indicator of rarity for this type due to the accidents of hoarding; many low mintage issues are readily available while other high mintage issues are very rare.

Recorded mintage: 7,118.

Specification: 33.84 g, 0.875 fine gold, .952 troy oz AGW.

Catalog reference: KM 414.4.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Buttrey, T. V., and Clyde Hubbard, A Guide Book of Mexican Coins, 1822 to date, 6th ed., Iola, WI: Krause Publications, 1992.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Tucker, Warren, and Cris Bierrenbach, Heritage Signature Auction 3020: World Coins, Dallas, TX: Heritage Auction Galleries, 2012.

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